Tag: WTO

• Wednesday, February 20th 2019 - 08:28 UTC

  Global trade growth forecasted to slow this year, says

  

  Global trade growth is on track to slide further the first quarter of 2019, the World Trade Organization said. WTO in September said it expects world merchandise trade growth will slow to 3.7% this year down from 3.9% in 2018.

• Wednesday, November 21st 2018 - 09:12 UTC

  President Trump top advisor suggests the “eviction of China” from the WTO

  

  One of President Trump's top economic advisers has suggested there could be a case for “evicting China” from the World Trade Organization (WTO). In a BBC interview, Kevin Hassett chairman of the president's Council of Economic Advisers said China had “misbehaved” as a member of the WTO. He also claimed that the US had been failed by the organization.

• Saturday, July 21st 2018 - 07:43 UTC

  Capital flight from emerging economies will be on the G20 table, anticipate Brazilian sources

  

  At this weekend's G20 meeting in Buenos Aires, finance ministers and central bankers will address the economic situations threatening a number of emerging markets -- including host nation Argentina, which recently secured a US$50 billion IMF loan to try to stabilize its economy, after the peso plunged 35% between April and June.

• Tuesday, July 17th 2018 - 09:36 UTC

  China files WTO case against the US arguing tariffs are an illegal attempt of protectionism

  

  China's Ministry of Commerce announced it is pursuing legal remedy against the U.S. in a brief statement on its website — the latest in an escalating trade conflict between the world's two largest economies.

• Friday, April 20th 2018 - 09:19 UTC

  WTO backing for Brazil in the aircraft manufacturing subsidies dispute with Canada

  

  Brazil has secured World Trade Organization backing to press its claims against Canada in a dispute over what it says are unfair subsidies for Bombardier Inc.’s CSeries jets, a preliminary WTO ruling published this week showed.

• Monday, December 11th 2017 - 01:48 UTC

  Fishing subsidies to be on the WTO summit table in Buenos Aires

  

  Meeting for the first time in Latin America, the World Trade Organization’s 11th Ministerial Conference will take place in Buenos Aires from 10-13 December. Central to this year’s talks will be an international deal to curb harmful fishing subsidies. These are government payments or tax breaks that contribute to overcapacity, overfishing and illegal fishing (IUU) globally.

• Tuesday, July 4th 2017 - 02:57 UTC

  Announcement in Madrid: EU-Mercosur deal likely by end of year

  

  European Union (EU) Trade Commissioner Cecilia Malmström said Monday in Madrid that the EU bloc “hopes to announce a political agreement for this Christmas in Buenos Aires” with Mercosur “even though technical aspects remain to be discussed.”

• Wednesday, August 7th 2013 - 17:45 UTC

  Brazil farmers ask until when will ideology prevail over economics and trade in Mercosur

  

  “Until when will we allow ideology to prevail over economics, markets, competitiveness grounding the great vessel of Brazilian trade in the port of little regional pretensions”, asks Katia Abreu in a column published in Folha de Sao Paulo openly criticizing the administration of Dilma Rousseff for its Mercosur policy and the results of the recent Montevideo summit.

• Wednesday, May 8th 2013 - 09:40 UTC

  First Latinamerican and BRIC representative next head of WTO

  

  Brazil's Roberto Azevedo has won the race to become the next head of the World Trade Organization, the first candidate from Latinamerica and from the BRIC club of emerging economies to take the job.

• Wednesday, April 10th 2013 - 22:00 UTC

  Euro crisis and protectionism anticipate a weak year for world trade warns Lamy

  

  WTO Director General Pascal Lamy warned that 2013 could turn out even weaker than expected, especially because of risks from the Euro crisis as countries might try to restrict trade further in a desperate attempt to shore up domestic growth.